KBR Awarded FEED for Topsides and Hull for FPSO Offshore Angola

Luanda Office to Play Major Role in Supplying Local Content

HOUSTON - Tuesday, August 7th 2012 [ME NewsWire]

(BUSINESS WIRE)-- KBR (NYSE: KBR) announced today that it has been awarded a FEED contract to perform work for the topsides and hull associated with a new-build, double-sided, single-bottom hull Floating Production Storage and Offloading (FPSO) vessel. The FPSO will be located offshore Angola and FEED is scheduled to start immediately, with a duration of 12 months.
KBR’s scope covers the permanently moored FPSO using a spread mooring system. The vessel will be capable of storing a minimum of 1MM BBLS and housing 130 persons on board. The topsides will utilize a single train designed to process 80,000 barrels of oil per day and 90 million standard cubic feet per day at an export pressure of 3,500 psi. The water injection facilities will be designed to inject up to 130,000 barrels of water per day.
Services for the project will be based out of KBR’s offices in Houston, Gothenburg and Luanda. KBR’s Luanda office will play a major role in supplying local employee content for the project.
“This project builds upon KBR’s long-standing commitment to the African region and further solidifies our position as a leading FPSO provider,” said Dennis Calton, President, Oil & Gas. “KBR has been present in Africa for nearly 60 years and has executed numerous projects in Angola. I am confident that KBR’s successful completion of this project will position us for additional services during the EPC phase.”
KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power, industrial, and commercial markets. For more information, visit www.kbr.com.
Editor Notes:

• Produced gas will be exported via pipeline and stabilized crude oil will be stored in the FPSO hull tanks and exported through a deepwater single point mooring export terminal.
• The crude will be transferred using a mid-water oil offloading line from the FPSO to the SPM buoy.
• Produced gas will be dehydrated and transferred via a gas export line to a client-owned facility.
• The design service life of the FPSO facility is 20 years.

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